Economic Inequality in the United States in the Period from 1790 to 1860
- 1 December 1971
- journal article
- research article
- Published by Cambridge University Press (CUP) in The Journal of Economic History
- Vol. 31 (4) , 822-839
- https://doi.org/10.1017/s0022050700074647
Abstract
There is some speculation that there was more economic egalitarianism in the United States among free men in the period from 1776 to 1790 than there was at any time in the following seventy years until the abolition of slavery. One would like to believe the speculation since it is known that there was extensive inequality of wealth in I860 and one would like to believe that the formation of the nation took place within a context of economic equality. This would be produced from a condition where aggregate wealth is shared fairly equally rather than being owned by a few. Let us give this ideal, this proposition relating to wealthholding for the Revolutionary era from 1776 to 1790, a title of romantic equality.Keywords
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